Why is the Renault Nissan alliance in trouble?
Nissan has been unhappy with its vassal status and wants the French government, which owns 15% of Renault, to engineer a more equal arrangement of shared power. The fact it is also now in financial trouble takes away some of its leverage.
Why did Renault and Nissan form an alliance?
The Alliance is based on the rationale that substantial cross-shareholding investments compel each company to act in the financial interest of the other, while maintaining individual brand identities and independent corporate cultures.
Why did Renault opt for strategic alliance with Nissan instead of an acquisition?
The alliance was vital for the two companies as Nissan needed Renault’s cash in order to reduce its debt problem and Renault wanted to learn from Nissan’s success in US and Asia which was essential for the expansion in its market.
What is the relationship between Renault and Nissan?
Renault currently has a 43.4% voting stake in Nissan and Nissan holds a 15% non-voting stake in Renault effectively giving Renault control. Although more companies have adopted such an arrangement, it remains controversial.
Why did Nissan and Renault not choose merger and acquisition?
Nissan’s Japanese executives tried to stop a merger with Renault because they believe it would make permanent their subservience to European masters.
What complementary assets does Renault and Nissan share?
The complementary assets Renault and Nissan share can be seen in terms of theri trust, transparancy and respect to each other. Renault is successful in Europe and Nissan has a strong presence in Asia that are also great…
Is Nissan and Renault the same?
Renault owns 43% of Nissan while it has 15% of the French carmaker but no voting rights. Nissan has resisted proposals for a full-blown merger as executives felt Renault was not paying its fair share for the engineering work it did in Japan.
When did Renault and Nissan form an alliance?
In 2002, the Alliance created the Renault–Nissan BV (RNBV), a strategic management company to oversee areas such as corporate governance between the two companies.
Who are the owners of Renault and Nissan?
Formed on March 28, 2002, Renault-Nissan B.V. (RNBV) is a joint company, incorporated under Dutch law and equally owned by Renault SA and Nissan Motor Co., RNBV is responsible for the strategic management of the Alliance. Renault-Nissan Alliance 2 RNBV decides on the Alliance’s medium- and long-term strategy.
When is the 14th anniversary of Renault Nissan?
The Renault-Nissan Alliance is celebrating its 14th anniversary in March, 2013. This Alliance is unique. Created in 1999, it has been developed over the years with respect for the cultures and identities of each of the two groups.
When was RNPO acquired by Renault and Nissan?
RNPO was originally equally owned by Renault and Nissan until its shares were transferred to RNBV in June 2003. The Alliance is a unique partnership of two global companies which aims at creating synergies while each company preserve its own distinct culture, brand identity and management.
